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    Pleasant Ridge Rd Hammond, LA 70403

    Sponsored
    For Sale
    $924,561

    8.493 acres, excellent condition house.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8.493-acre property presents a unique investment opportunity in Hammond, Louisiana. Located off I-12 Service Road on E Pleasant Ridge Rd, this land boasts versatile zoning, designated as Industrial (APN: 5610818000000000000000). The asking price is $924,561, translating to a land value of $108,900 per acre. The property's diverse zoning allows for agricultural, commercial, and industrial uses, providing significant flexibility for future development. Adding to its appeal is a 2500 square foot house situated on the premises, currently in excellent condition. This existing structure could serve multiple purposes, from on-site management to potential rental income. The property's convenient location near I-12 Service Road ensures easy access to major transportation routes, making it an attractive site for businesses requiring efficient logistics. This prime location in Tangipahoa Parish, Louisiana, zip code 70403, offers a compelling combination of land size, zoning flexibility, and existing infrastructure, making it an ideal investment for a wide range of development projects. The property's coordinates are 30.4864061 latitude and -90.4250742 longitude.

    Property Features for 0 Pleasant Ridge Rd

    General Information

    Property type
    Farms
    Lot Size
    369,955 SF

    HighLights

    • 8.493‑acre industrial property in Hammond, LA, zoned for agricultural, commercial, and industrial uses (APN: 5610818000000000000000).
    • Asking price: $924,561 ($108,900/acre).
    • Includes a 2,500 sq ft house in excellent condition.
    • Convenient I‑12 Service Road access in Tangipahoa Parish, LA (70403).
    • Located at 30.4864061 latitude, -90.4250742 longitude.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hammond
    County
    Tangipahoa Parish
    State
    Louisiana
    Longitude
    -90.4250742
    Latitude
    30.4864061

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    FAQs

    What type of property is this?
    Farm - 8.493 acres, excellent condition house.
    Where is this farm located?
    The property is located at Pleasant Ridge Rd Hammond, LA.
    What is the asking price?
    The asking price for this property is $924,561.
    What are key features of this property?
    This property features: 8.493-acre industrial property in Hammond, LA, zoned for agricultural, commercial, and industrial uses (APN: 5610818000000000000000).; Asking price: $924,561 ($108,900/acre).; Includes a 2,500 sq ft house in excellent condition.
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    Pleasant Ridge Rd Hammond, LA 70403
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    Hammond, LA 70403
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Pleasant Ridge Rd Hammond, LA 70403
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